According to the u.s. department of justice Sherman Act, the violation is an agreement between competitors to eliminate discounts to all customers or certain types of customers.
What is a Sherman Act violation?
- The Sherman Antitrust Act of 1890 is a United States antitrust law that establishes the rule of free competition among merchants.
- It was passed by Congress and is named after its principal author, Senator John Sherman.
- The Sherman Antitrust Act is a law passed by Congress to promote economic competition by prohibiting companies from collaborating or merging to form monopolies.
- Price fixing, bid rigging, and market allocation among competitors (commonly referred to as "horizontal agreements") are the most common Sherman Act violations and the most likely to be prosecuted criminally.
- The violation, according to the United States Department of Justice Sherman Act, is an agreement between rivals to eliminate discounts to all customers or certain types of customers.
Therefore, according to the u.s. department of justice Sherman Act, the violation is an agreement between competitors to eliminate discounts to all customers or certain types of customers.
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